The New Financial Soap: Desperate Central Banks
"Some central banks are more desperate than others."
Behind the facade of a reserves-perfect subdivision live some Central Banks whose lives are anything but idyllic. The show follows these Banks as seen through the eyes of a bankrupted neighbor who committed bank run in the very first episode. The show features an ensemble cast featuring shunned Central Bank of Russia (CBR) desperate for some liquidity, snooty Swiss National Bank (SNB) who wants to be more approachable and neighborhood socialite European Central Bank.
SNB to CBR: "I'll see your 17% rate hike and lower you to minus 0.25%."